Credit products are financial tools that allow individuals or businesses to borrow money or access funds. Common types include credit cards, personal loans, and mortgages. These products typically come with specific terms, such as interest rates and repayment schedules, which dictate how and when the borrowed money must be paid back. Using credit products can help manage cash flow and make large purchases more manageable. However, it's important to use them responsibly, as failing to repay borrowed amounts can lead to debt and negatively impact one's credit score. Understanding the terms and conditions of each product is essential for making informed financial decisions.